Can I retire at age 35 with 510,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$42,115$41,740$41,374$41,017$40,668$39,557
2 years$20,849$20,461$20,085$19,720$19,366$18,254
3 years$13,761$13,371$12,996$12,635$12,286$11,209
4 years$10,218$9,829$9,458$9,103$8,763$7,729
5 years$8,093$7,706$7,340$6,992$6,661$5,673
6 years$6,676$6,293$5,932$5,591$5,271$4,329
7 years$5,665$5,285$4,929$4,597$4,287$3,392
8 years$4,907$4,530$4,180$3,856$3,556$2,707
9 years$4,317$3,944$3,600$3,285$2,995$2,191
10 years$3,846$3,477$3,139$2,831$2,552$1,793
11 years$3,461$3,095$2,764$2,464$2,195$1,479
12 years$3,140$2,778$2,453$2,161$1,902$1,228
13 years$2,869$2,510$2,191$1,908$1,658$1,025
14 years$2,637$2,282$1,969$1,694$1,454$859
15 years$2,435$2,085$1,778$1,511$1,280$723
16 years$2,259$1,913$1,612$1,353$1,131$610
17 years$2,104$1,761$1,466$1,215$1,003$516
18 years$1,967$1,628$1,339$1,095$892$437
19 years$1,844$1,508$1,226$990$795$371
20 years$1,733$1,402$1,125$896$710$315
21 years$1,633$1,306$1,035$813$635$268
22 years$1,543$1,219$953$740$570$229
23 years$1,460$1,140$880$674$511$195
24 years$1,384$1,068$814$614$460$166
25 years$1,315$1,002$754$561$414$142
26 years$1,251$942$699$513$372$121
27 years$1,192$887$649$470$336$104
28 years$1,137$835$604$430$303$89
29 years$1,086$788$562$395$274$76
30 years$1,038$744$523$362$247$65
31 years$994$704$488$333$224$56
32 years$952$666$455$306$202$48
33 years$913$630$425$281$183$41
34 years$877$598$397$259$166$35
35 years$842$567$371$238$150$30
36 years$810$538$347$219$136$26
37 years$779$511$325$202$123$22
38 years$751$486$304$186$112$19
39 years$723$462$285$172$101$16
40 years$697$439$267$158$92$14
41 years$673$418$251$146$83$12
42 years$649$398$235$135$76$10
43 years$627$379$221$124$69$9
44 years$606$362$207$115$62$7
45 years$586$345$194$106$57$6
46 years$567$329$183$98$51$5
47 years$548$314$172$91$47$5
48 years$531$300$161$84$42$4
49 years$514$286$152$77$38$3
50 years$498$273$143$71$35$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $510,000, adding $6,966 every year, while hoping to spend $35,380 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 68/19/13 Blend
34$510,000$510,000$510,000$510,000
35$569,205$542,175$534,270$605,786
36$589,620$531,098$514,524$619,945
37$610,932$518,292$492,931$630,560
38$633,194$503,635$469,391$641,260
39$656,465$486,999$443,801$652,049
40$680,808$468,246$416,053$662,934
41$706,292$447,231$386,032$673,920
42$732,991$423,802$353,621$685,018
43$760,985$397,797$318,696$696,238
44$790,360$369,045$281,127$707,595
45$821,213$337,363$240,781$719,106
46$853,644$302,562$197,515$730,789
47$887,767$264,439$151,182$742,670
48$923,702$222,779$101,630$754,777
49$961,583$177,358$48,697$767,141
50$1,001,552$127,937$0$779,801
51$1,043,768$74,263$0$793,882
52$1,088,401$16,071$0$815,634
53$1,135,640$0$0$838,378
54$1,185,688$0$0$872,018
55$1,238,768$0$0$911,275
56$1,295,126$0$0$952,971
57$1,355,026$0$0$997,306
58$1,418,762$0$0$1,044,497
59$1,486,654$0$0$1,094,784
60$1,559,050$0$0$1,148,428
61$1,636,334$0$0$1,205,717
62$1,718,927$0$0$1,266,963
63$1,807,289$0$0$1,332,512
64$1,901,923$0$0$1,402,741
65$2,003,385$0$0$1,478,064
66$2,112,281$0$0$1,558,935
67$2,229,277$0$0$1,645,854
68$2,355,106$0$0$1,739,368
69$2,490,570$0$0$1,840,078
70$2,636,552$0$0$1,948,644
71$2,794,020$0$0$2,065,791
72$2,964,039$0$0$2,192,316
73$3,147,779$0$0$2,329,095
74$3,346,524$0$0$2,477,091
75$3,561,688$0$0$2,637,360
76$3,794,823$0$0$2,811,066
77$4,047,639$0$0$2,999,489
78$4,322,013$0$0$3,204,033
79$4,620,010$0$0$3,426,248
80$4,943,904$0$0$3,667,833
81$5,296,193$0$0$3,930,661
82$5,679,628$0$0$4,216,792
83$6,097,236$0$0$4,528,492
84$6,552,345$0$0$4,868,256
85$7,048,620$0$0$5,238,828
86$7,590,096$0$0$5,643,230
87$8,181,212$0$0$6,084,787
88$8,826,854$0$0$6,567,160
89$9,532,404$0$0$7,094,380
90$10,303,784$0$0$7,670,883
91$11,147,515$0$0$8,301,556
92$12,070,779$0$0$8,991,776
93$13,081,481$0$0$9,747,468
94$14,188,328$0$0$10,575,154
95$15,400,909$0$0$11,482,018
96$16,729,783$0$0$12,475,970
97$18,186,577$0$0$13,565,723
98$19,784,101$0$0$14,760,873
99$21,536,461$0$0$16,071,988
100$23,459,195$0$0$17,510,711